The Global Vitamin D Testing Market is to grow at a CAGR of 32.36 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in aging and chronically ill populations worldwide. The Global Vitamin D Testing Market has also been witnessing the increase in product approvals. However, the stringent regulatory requirements could pose a challenge to the growth of this market.

The Global Vitamin D Testing market is experiencing a significant increase in approvals of the products of the leading vendors. For instance, Qualigen Inc. received the FDA approval for FastPack Vitamin D Immunoassay for use on its proprietary FastPack System for the rapid determination of vitamin D status, and Gold Standard Diagnostics

Corp. obtained the FDA clearance for its 25-OH Vitamin D Total ELISA test in July 2013. Moreover, DiaSorin received the FDA clearance for its newly developed LIAISON 25 OH Vitamin D TOTAL assay in February 2012. Thus, these product approvals will have a positive impact on the growth of the market.

One of the major drivers is the increase in the aging and chronically ill populations worldwide. Moreover, as a result of the changes in lifestyle and food habits, the majority of the population is prone to several diseases. This increases the demand for various diagnostic procedures, including vitamin D testing. Presently, vitamin D deficiency is associated with several diseases such as cancer, diabetes, heart attack, and depression.

One of the major challenges is the stringent regulatory approval process for vitamin D testing devices, thus leading to delayed approval of devices.

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